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Zergnet Zergnet
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2 years ago
An investor who exercises a call option on a S&P 500 ETF will

▸ purchase ETF shares at the strike price.

▸ receive a cash settlement equivalent to the difference between the strike price and the current level of the index.

▸ receive a cash settlement equivalent to the difference between the strike price and 100 times the current level of the index.

▸ receive a cash settlement equivalent to the difference between the strike price and the current price of the ETF.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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karisantikarisanti
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2 years ago
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Zergnet Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
mambah4
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Yesterday
Good timing, thanks!
Fanmkreyol
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2 hours ago
This helped my grade so much Perfect
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